$ZRO faces a credibility test after the KelpDAO exploit 🧩
David Schwartz is challenging LayerZero’s explanation of the $290M KelpDAO hack, pointing to a mismatch between past claims about DVN usage and the current root-cause narrative. For institutions, that matters because this is no longer just an exploit headline — it’s a trust test on how security assumptions, deployment configs, and public messaging line up.
Liquidity will stay cautious until the market gets a cleaner read on what actually failed. When whales sense uncertainty around infrastructure, they usually step back, let the tape digest, then re-enter only after the story is verified.
Not financial advice. Manage your risk and protect your capital.
#Crypto #DeFi #LayerZero #Web3 #Security
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